Cloud Computing opens up to Bitcoin

Cloud computing provider BizCloud has become one of the first in the field to accept Bitcoin payments for its services.

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Cloud computing
provider BizCloud has become one of the first in the field to accept Bitcoin
payments for its services.

As of yesterday,
customers are now able to pay for any of the company’s cloud infrastructure
solutions using the currency, which will be processed by BitPay with the rate
calculated at the time of purchase.

“Considering our role in the cloud computing
space and our commitment to provide industry-leading technology to our
customers, Bitcoin was a natural fit,” said CEO Vahid Razavi in a press release on Tuesday.

Logical step

Cloudbiz already has a
strong following, and is using the advantage of low-cost Bitcoin payments to
aid international expansion by appealing to cost-savvy clients, who will no
longer be required to pay international bank transfer fees.

“We decided to accept Bitcoins to give both our
domestic and international customers a quick and effortless alternative payment
option, but also to support the technology that we believe will disrupt the
financial industry in the coming years,” Razavi explained.

Disruption is a word
on the lips of many current Bitcoin adopters, Coinreport reporting on Australian IT company Ellenet, whose move
to start accepting Bitcoin payments in April placed it somewhat ahead of the
game.

“Crypto currencies are the future, it’s plainly
obvious and people need to understand that Bitcoin and other coins are not
going away,” director Estelle
Asmodelle said, “Without sounding terse,
you can’t stop progress.”

Separately, investors
far and wide have been voicing their support for Bitcoin in increasingly public
environments such as Bloomberg TV, and at this point it would seem unwise to
dismiss the hype.

The community is also
seeing more businesses warm to Bitcoin as a ‘natural progression’ of their
services, identifying the innovation with their existing clientele.

David Butler of UK
retailer CeX, which is trialing Bitcoin-only payments in one of its stores, told a British newspaper this week, “In our store, the staff and customers live
and breathe technology so it's only appropriate we looked at Bitcoin as a way
for our customers to buy and sell electronic goods.”